Report: Angels re-sign Iglesias on 4-year, $58M deal

The Los Angeles Angels are in agreement to bring back closer Raisel Iglesias on a four-year, $58-million contract, according to Jon Morosi of MLB Network.

Iglesias, 31, rejected the Angels' one-year, $18.4-million qualifying offer to become a free agent earlier this winter.

The right-hander is coming off his first season with the Angels, authoring a 2.57 ERA and 2.83 FIP over 70 innings while notching 34 saves. The seven-year veteran earned down-ballot Cy Young votes for his efforts.

Prior to being acquired by the Angels via trade, Iglesias spent six years with the Cincinnati Reds. For his career, Iglesias owns a 3.06 ERA and 3.35 FIP while collecting 140 saves in 339 games.

The Angels are one of many teams to have a busy start to the offseason proceedings, as they've landed Noah Syndergaard, Michael Lorenzen and Aaron Loup.